Shares of First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA - Get Free Report) shot up 1.1% during mid-day trading on Tuesday . The company traded as high as $54.21 and last traded at $54.13. 8,043 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 46,307 shares. The stock had previously closed at $53.53.
First Trust NASDAQ ABA Community Bank Index Fund Trading Down 0.6%
The firm has a 50-day moving average of $51.24 and a 200 day moving average of $54.51. The stock has a market capitalization of $106.40 million, a price-to-earnings ratio of 12.70 and a beta of 0.92.
First Trust NASDAQ ABA Community Bank Index Fund Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.3069 dividend. This is a boost from First Trust NASDAQ ABA Community Bank Index Fund's previous quarterly dividend of $0.28. The ex-dividend date was Thursday, March 27th. This represents a $1.23 annualized dividend and a dividend yield of 2.31%.
Institutional Investors Weigh In On First Trust NASDAQ ABA Community Bank Index Fund
Hedge funds and other institutional investors have recently modified their holdings of the stock. Private Trust Co. NA grew its position in First Trust NASDAQ ABA Community Bank Index Fund by 290.5% in the 4th quarter. Private Trust Co. NA now owns 660 shares of the company's stock valued at $37,000 after buying an additional 491 shares in the last quarter. Waverly Advisors LLC acquired a new stake in shares of First Trust NASDAQ ABA Community Bank Index Fund in the 4th quarter worth approximately $208,000. Blueprint Investment Partners LLC bought a new position in shares of First Trust NASDAQ ABA Community Bank Index Fund in the fourth quarter valued at approximately $225,000. Simplicity Wealth LLC acquired a new position in shares of First Trust NASDAQ ABA Community Bank Index Fund during the fourth quarter valued at approximately $225,000. Finally, Mach 1 Financial Group LLC bought a new stake in First Trust NASDAQ ABA Community Bank Index Fund during the fourth quarter worth approximately $229,000.
First Trust NASDAQ ABA Community Bank Index Fund Company Profile
(
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The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.
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